Americans are working harder than ever and still falling behind. That’s not an accident. Some 300,000 households — those worth more than $50 million — are collectively sitting on $40 trillion in wealth. Billionaires pay lower effective tax rates than nurses and teachers and borrow against their assets to live tax-free all while extreme concentrations of wealth actively harm everyday Americans.
As the State of the Union approaches, Americans across the country are eager for leaders to tackle the growing affordability crisis. They’ll be watching to see if President Trump acknowledges the real culprit behind rising costs or continues to protect the billionaire class that bankrolled his campaign.
President Trump’s Executive Order represents a rare moment of bipartisan recognition that extreme concentrations of wealth are fueling America’s affordability crisis and confirms what families across the country already know: The housing market is rigged against them by the ultra-rich.